Cable Could Be 'Hotbed of M&A,' Macquarie Analyst Says

Predicting "a hotbed of M&A activity" in cable, Macquarie analyst Amy Yong wrote investors Thursday that possible sellers include Cox, Cable One and Frontier. She said likely buyers could include Charter Communications, while Altice might buy up smaller regional players and overbuilder WideOpenWest could take an opportunistic approach. Yong said increased mergers and acquisitions could be driven by Altice and WOW going public and by "cable-hungry Charter and (maybe) Verizon."